HBM 235 1st Edition Lecture 22 Outline of Last Lecture I The 5 Ps II Tourism Area Life Cycle Model TALC Richard Butler 1980 Outline of Current Lecture I Exam 3 Review Current Lecture Exam 3 Ch 3 4 5 Exam 4 Recycled quiz questions Ch 14 I Exam 3 Review A Bilateral Agreement 1 Two countries pooling tourism marketing together B Exploration stage C Three components of the triple bottom line 1 Sociocultual environmental and economic outcomes D Tourism Coordination 1 Balance the needs of each aspect of community groups in a destination E Land Tenure 1 Who can own land Foreign investors can come in and buy land F Multilateral travel agreement G Rejuvenation stage H Country tries to build new hotels for tourism 1 Tourism operations I Company buys equity shares in stock 1 Equity participation J Decline stage 1 Arrivals are going down people getting out hotels turning into condos K Architecture pollution L Tariff remission is when a government removes import duties on goods being shipped M Tourism legislation and regulation N Bilateral agreement
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